The spreading transition of Polish economy initiated processes of first municipalisation and then privatisation of the public housing stock. Municipalities became owners of a considerable portion of the housing stock, frequently depreciated and requiring large outlays on repairs so they have had many problems with maintaining and managing the stock. Additional problems have been created by many obligations in housing sphere imposed on municipalities by legal regulations. The aim of the paper is to present some problems with managing the housing stock of municipality in Lodz, one of the biggest Polish cities. Authors want to present some possible solutions for existing hindrances.